Allspring LT Large Growth ETF (NYSEARCA:AGRW) Sees Large Decline in Short Interest

Allspring LT Large Growth ETF (NYSEARCA:AGRW) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,376 shares, a decline of 72.7% from the July 30th total of 5,040 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,148 shares, the short-interest ratio is currently 1.2 days.

Allspring LT Large Growth ETF Stock Down 0.7%

Shares of AGRW traded down $0.23 on Friday, hitting $32.86. 777 shares of the stock traded hands, compared to its average volume of 5,897. Allspring LT Large Growth ETF has a 1 year low of $26.19 and a 1 year high of $33.72. The stock’s 50 day moving average is $32.01 and its two-hundred day moving average is $30.65. The firm has a market capitalization of $114.68 million, a P/E ratio of 35.22 and a beta of 1.32.

About Allspring LT Large Growth ETF

Allspring Exchange-Traded Funds Trust – Allspring LT Large Growth ETF is an exchange traded fund launched and managed by Allspring Funds Management, LLC. The fund is co-managed by Allspring Global Investments, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies, within the market capitalization range of the S&P 500 Index. It employs fundamental analysis to create its portfolio.